i have a different idea instead. i prefer the later one.

Yes, I agree with you.

Investors would have great concern on NPLs soon , knowing which bank to buy is important.

ahh great mind thinks alike.

50 : 50 another option, since it is cheap sales.

This post has been edited by SKY 1809: Jun 19 2008, 10:44 AM

Haha,fren,
Both will move in unison lah.Just throw a dart .

Seriously,if you don't care about voting rights,you can buy either one.Those days where F shares command a premium over local shares are gone.look at MISC.

Every hour, CI has a new intraday low. Everyhour low price !!!

This post has been edited by AdamG1981: Jun 19 2008, 11:01 AM

Simple, buy the one that is cheaper.

Pbbank & Pbbank-O1 are the same shares, same entitlement and right, only difference is on the eye of foreigners. In the eye of Malaysian, both are the same. Theorectically over the long term, Pbbank-O1 should have more value because of the 30% limit. Short term wise, if foreigners want to 'cabut' -O1 can trade some discount to local one but it would be short term effect (can last for year or years, based on 1998 experience) as if O1 is much cheaper than local, it makes no sense to buy the local one.

Pbbank-O1 can be converted to Pbbank and vice versa also.
If Pbbank-O1 doesn't exceed the 30% limit, foreigners can buy Pbbank which then convert to Pbbank-O1 (until reach 30% limit). On the other hand, Malaysian can buy Pbbank-O1 then convert to Pbbank.

I did it a few time back during financial crisis time, because Pbbank-O1 (last time called Pbbank-F) was always about few ten cents cheaper than the local one. So buy Pbbank-O1 then take the shares to register, come back as Pbbank-local already.

But since CDS being implemented, I haven't done it because there is no or only have little price differentiate, so I don't know how to they implement on this registration issue. Convert straight away or what? I don't know.
So have to check with them if really want to make the conversion between.

Just some of my previous experience but I don't know current situation, so I bare no responsibility on above statement if situation not the same.

This post has been edited by cherroy: Jun 19 2008, 11:03 AM

thanks for the advise, mr remisier lklatmy, taikior cherroy & SKY 1809

I am afraid you might lose the buying opportunity if you are over confused.

The best is to use a coin.

head - you buy local
Tail - you buy foreign.

To make it simple.

OT. Warning: this method does not work if you are choosing a boyfriend.

This post has been edited by SKY 1809: Jun 19 2008, 11:21 AM

hehehe so funny la you.

i decided to pick PBBANK-O1.

for double proof, following cherroy's saying, "buy the one that is cheaper"

We are 'buying' vegetable' group mah, stingy one. 5 or 10 cents also want to 'kira' one.

I remember there was something in the Capital Market Master Plan introduced few years back where one of the proposal was to do away with this "F" thing.Since then,the premium of the F shares dissipated.Don't know what really happen to the proposalnow.

On the conversion of F share to local,under the current CDS system,you must first apply to withdraw the physical script from Bursa Depositories,re-deposit it and if you are a Malaysian,then the holding becomes local.Anyway,none of my client has done this before and I may be wrong.

Thanks for the information.

Mainly because there is no opportunity being present. You need O1 is significant cheaper like more than 50 cents, then only have some 'meat'.
But conversion take time, so there are some risk also. But if one origin wish to buy the Pbbank want, then no harm done.

BN to expel SAPP?

http://thestar.com.my/news/story.asp?file=...5440&sec=nation

I guess that doesn't matter much... Since they've decided to quit... They do the vote motion thingy is just to tell the sabahan that they still want to be in BN, but BN dont want SAPP (In order word, dont want Sabahan).

I guess that won't do much to the market as the market alr discounted the news...

True, SAPP did what it intended to do. But if BN expels SAPP, then it will reveal weakness in the party and rumors are couple of Sabah political groups will follow suit.

Regardless, market will indeed fall AGAIN if this isn't resolve because FF will definitely run!

Share share nia.paiseh paiseh

If more Sabah parties follow suit, everything is going to fall.

Yes, SAPP Yong did well. His main agenda was to embarrass AAB. He doesn't care about BN's membership as he wants SAPP to get expeled and to be made a martyr so other Sabah potical parties will join him to form a "Sabahan bloc".

Meanwhile AAB has to expel SAPP so he can quell any rebellion. Unfortunately for him, he's lying with snakes.

This doesn't bode well for investors in the short term. Political turmoil and the likelihood of an interest rate increase next month.

OT: FKLI June 2008 3 days ago high was 1237, now its trading at 1279.

This post has been edited by AdamG1981: Jun 19 2008, 02:16 PM

Today newspaper say august BNM may rise int rate to 0.25%